BUSINESS FOR SALE – PILING CONTRACTOR

Jun 7th 2019

East Midlands-based piling contractor, offering a range of piling services

 

Dean Anthony Nelson and Nicholas Charles Osborn Lee of Smith Cooper (“SC”) have been appointed as Joint Administrators of the Company and are now looking to conduct a sale of the business and/or its assets.

The Company is a piling contractor, operating from leasehold premises in Derbyshire. Its services include underpinning, driving, drilling, auger piling, retaining and hybrid piling.

The Company has 3 employees, comprising 1 Director, 1 labourer and 1 office manager.

Assets available for sale include an operational business, order book (with a potential value of c.£40k), fixtures, fittings, office furniture and equipment and stock.

To protect the Company’s goodwill and trade, it is proposed that any sale will need to be completed by 24 June 2019.

Following receipt of expressions of interest, and a signed Non-Disclosure Agreement, brief sales particulars will be provided via a data room. Offers for the purchase of the business and/or its assets as a going concern, by way of sealed bids, needs to be sent to the Joint Administrators by 12 noon on Monday 17 June 2019, together with evidence of funding.

When submitting your offer, please provide contact details of your solicitors and evidence of funding to expedite matters.

If you are interested in pursuing this opportunity further, please contact one of the following for additional information:

 

Dean Nelson

Telephone – +44 (0)1332 332021

Email – dean.nelson@smithcooper.co.uk

 

Emily Oliver

Telephone – +44 (0)1332 332021

Email – emily.oliver@smithcooper.co.uk